Coin Gabbar Token

<h2 id="header-0">Binance&#39;s CEO, Changpeng Zhao, proposed a 1.2% trading fee on all LUNC trades that could be burned to limit the overall quantity of LUNC tokens and boost their performance in the market.</h2>Co-founder Do Kwon, crypto exchanges, and the community are all trying to figure out how to best help <a href="https://www.coingabbar.com/en/crypto-currency/terrausd-ustc-prices-usd" rel="noopener noreferrer nofollow">TerraUSD</a> (UST) and LUNA token prices rebound from the infamous Terra ecosystem collapse, which wiped them off the market entirely.Recently, Binance&#39;s CEO, Changpeng &#39;CZ&#39; Zhao, proposed a flat 1.2% trading fee on LUNC trades that could be burned to limit the total quantity of LUNC tokens and boost its price performance. To ensure that early adopters are not the only ones paying an extra 1.2%, the exchange would not commence taxes for opt-in trading until a majority of LUNC investors agreed to do so.After 50% of the entire LUNC trading volume on the exchange is conducted by opt-in traders, a blanket trading fee of 1.2% will be introduced for all LUNC trading. Some members of the LUNA community agreed with CZ&#39;s choice to create the opt-in button, while others saw it as an example of centralized attempts to manipulate the market.CZ backed LUNC burning but adhered to the community vote theory, allowing platform traders to make the final choice. They also stated that they &#34;listen to and defend our users.&#34; The businessperson is aware that if the adjustment were implemented widely and on-chain, LUNC traders would prefer to transfer their holdings to exchanges without the burn.In contrast, South Korean police are looking for Kwon in connection with the Terra collapse in an effort to bring him to justice.For breaking South Korean capital markets rules, a Seoul court issued an arrest warrant for Kwon and five others on September 14.

Investors in LUNC discuss Binance's new 1.2 Percent trading tax.

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